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Press releases
Press releases from Quantum Computing industry
Together with the University of Innsbruck, the ETH Zurich and Interactive Fully Electrical Vehicles SRL, Infineon Austria is researching specific questions on the commercial use of quantum computers. With new innovations in design and manufacturing, the partners from universities and industry want to develop affordable components for quantum computers. Ion traps have proven to be a very successful technology for the control and manipulation of quantum particles. Today, they form the heart of...
An international team of researchers, including Lawrence Livermore National Laboratory (LLNL) physicist Arjun Gambhir, has developed a new algorithm for solving polynomial systems of equations using a type of quantum computer called a “quantum annealer.” The team systematically examined how this method scales when facing increasingly difficult mathematical equations, with promising results. LLNL physicst Arjun Gambhir helped develop an algorithm to solve equations on a quantum computer. It...
Researchers from QuTech have achieved a world’s first in quantum internet technology. A team led by Professor Stephanie Wehner has developed a so-called link layer protocol that brings the phenomenon of ‘quantum entanglement’ from a physics experiment towards a real world quantum network. This brings closer the day when quantum internet can become a reality, delivering applications that are impossible to achieve using a ‘classical’ internet. The work was presented today at ACM SIGCOMM. Robust...
...Broadening Access to Quantum Safe Cybersecurity Australian Government supports micro-chip development. “QuintessenceLabs is very grateful for this support from the government to miniaturise our quantum random number generator to an integrated chip form-factor” said Dr Vikram Sharma, QuintessenceLabs Founder and CEO. The Minister for Industry, Science and Technology, the Hon Karen Andrews MP, announced last week that an industry consortium, including quantum cyber-security firm...
Xanadu, a leader in photonic quantum computing and advanced artificial intelligence, announced the results of a joint proof-of-concept technology collaboration between the BMO Financial Group and Scotiabank. The organizations set out to discover computational speedups and improved accuracy in the trading products space using a quantum algorithm developed by Xanadu known as quantum Monte Carlo. "Quantum Monte Carlo is perhaps the strongest evidence yet of the huge impact quantum will have on...
Quantum Computing Inc. (OTC:QUBT) (the “Company” or “Quantum Computing”), an advanced technology company developing applications for quantum computers, announced today that the company has been admitted to the National Institute of Standards and Technology (NIST)-supported Quantum Economic Development Consortium. The Quantum Economic Development Consortium or QED-C—managed by SRI International— is a government and industry supported initiative to foster collaboration and expand U.S. leadership...
Innovate UK as part of the Industrial Strategy Challenge Fund (ISCF) has up to £12 million to invest in innovative projects exploiting new quantum technologies and is seeking private investment partners to join it. New quantum technologies could transform products and services in many business sectors including automotive, healthcare, infrastructure, telecommunications, cybersecurity and defence. Quantum physics is at the heart of the electronics, media, computing and infrastructure systems...
Quantum computer is fundamentally different than conventional & supercomputers and use the technology based on quantum phenomena. Unlike classical computers, it uses quantum bits (qubits) to process the data. In addition, quantum computing performs complex calculations proficiently when compared with classical computers and this factor majorly fuels the growth of the enterprise quantum computing market application. Furthermore, it finds its application in aerospace & defense, BFSI,...
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